Large Location Icon

2616 The Ter; Richmond, VA Property Details

2616 The Ter, Richmond, VA is a Single Family that was built in 1922. This property is currently Financed and is not for sale. Our records show that 2616 The Ter has 3 bedrooms, and 2 bathrooms, and a total of 1,650 square feet. The lot size of 2616 The Ter is 6,490 square feet.

Off market
2616 The Ter Richmond, VA 23222
$300,000 Listing Price
3 Beds
2 Baths
1,650 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1922
  • Purchase Price: $300,000
  • Open Loans / Balance: 1 / $253,950
  • Est. Equity / %: $188,050 / 42.55%
  • Gross Yield: 7.835%
  • APN: N-000-0637-013
  • Situs County: Richmond City
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Building Quality: B+
  • Roof Type: Hip
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,650/SqFt
  • Lot: 6,490/SqFt
  • Living: 1,650/SqFt
  • Basement: 780/SqFt
  • Building: 1,650/SqFt
  • Ground: 780/SqFt
  • Basement Unfinished: 780/SqFt
  • Price Per Square Foot: $181.82

Legal Description

  • Description: BATTERY COURT ADD L8 BN; 0050.00X0130.00 0000.149 AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Richmond City Public Schools
  • Lat / Lon: 37.567295 / -77.43815
  • Subdivision: Battery Court
  • Property Class: Residential
  • Zoning: R-5 SINGLE
  • County Use Code: 120

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3646
  • Cooling: None
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2616 The Ter has no associated ownership info
2616 The Ter has no associated ownership info.

Taxes

2616 The Ter has 10 associated Taxes items

2616 The Ter, Richmond, VA pays taxes in Richmond City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $446,000. The APN we've located for 2616 The Ter is N-000-0637-013.

Unlock the full report
Taxes
  • Assessed Value:  $446,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  N-000-0637-013
  • Assessed Land Value:  110000
  • Market Land Value:  110000
  • Tax Amount:  5352
  • Tax Year:  2026
  • Market Value:  446000
  • Market Year:  2026

Tax History

2616 The Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $446,000 Land Value $110,000 Improvement Value $336,000 Tax Amount $5,352 Change Rate +0.079903% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,956 Change Rate +0.042929% Assessed CR Tax Rate
Year 2024 Assessed Value $396,000 Land Value $105,000 Improvement Value $291,000 Tax Amount $4,752 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $366,000 Land Value $75,000 Improvement Value $291,000 Tax Amount $4,752 Change Rate +0.178571% Assessed CR Tax Rate +0.012984%
Year 2022 Assessed Value $336,000 Land Value $65,000 Improvement Value $271,000 Tax Amount $4,032 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $288,000 Land Value $50,000 Improvement Value $238,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $272,000 Land Value $50,000 Improvement Value $222,000 Tax Amount $3,264 Change Rate +0.026415% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $265,000 Land Value $45,000 Improvement Value $220,000 Tax Amount $3,180 Change Rate +0.086066% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $244,000 Land Value $45,000 Improvement Value $199,000 Tax Amount $2,928 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $235,000 Land Value $35,000 Improvement Value $200,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $117,000 Land Value $27,000 Improvement Value $90,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $115,000 Land Value $27,000 Improvement Value $88,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $115,000 Land Value $27,000 Improvement Value $88,000 Tax Amount Change Rate Assessed CR Tax Rate